NCLAT agrees to hear Dutch Bankruptcy Administrator in Jet Airways Insolvency

Aditi Singh July 12 2019
Jet Airways

The National Company Law Appellate Tribunal today agreed to hear a plea by Dutch Bankruptcy Administrator in connection with the ongoing Jet Airways Insolvency matter.

Jet Airways is facing Insolvency proceedings in the Netherlands as well where it was declared bankrupt in response to a complaint filed by two European creditors. Subsequently, a Bankruptcy Administrator or "trustee in charge" was appointed by the Dutch court.

As per a

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